May 7, 2021 - Economy & Business
Unpacking that abysmal jobs report
Economists had been expecting the economy to add nearly 1 million jobs last month but it only added 266,000. This speed bump in the U.S. economic recovery could change the political debate over whether or not to spend trillions of dollars on infrastructure and social services.
Axios Re:Cap is joined by Axios chief financial correspondent Felix Salmon and Axios political reporter Sarah Mucha to dig into what the jobs report says about the U.S. economy and what it means for President Biden’s plans.